
Top ten stocks with ASEAN and China businesses averaged YTD total return of 16.5%
Mapletree Logistics Trust posted the largest return at 29.9%.
The ten largest capitalised primary-listed stocks that report revenues to Singapore, ASEAN and China outpaced the benchmark STI with average total return of 16.5% YTD, compared to 6.5% for the STI, according to an SGX report.
Mapletree Logistics Trust led the pack in terms of total return, which hit 29.9%. This is followed by Ascott Residence Trust at 28.9% and UOL Group at 23.2%. The other firms included in the list are DBS Group Holdings, CapitaLand, ComfortDelGro Corp, GuocoLand, Starhill Global REIT, United Engineers and Wing Tai Holdings.
Also read: Which stocks beat the benchmark STI in September QTD?
Four of these companies, DBS Group Holdings, CapitaLand, UOL group and ComfortDelGro Corp, are STI stocks and have averaged 17.6% total returns YTD.
In terms of market cap, DBS Group showed the largest figure at $63.7b. CapitaLand and UOL Group followed at $17.9b and $6.3b, respectively.